Fresno based radio group files for bankruptcy
FRESNO, Calif. (KFSN) -- The company that owns some of the Valley's most popular radio stations has filed for bankruptcy.
Peak Broadcasting has reached a reorganization deal which includes the filing for Chapter 11 protection.
The company owns 11 radio stations in Fresno and in Boise, Idaho -- including "KMJ" and "Kiss Country."
Officials say none of those stations will be affected by the bankruptcy filing. Peak listed about 50 to 100 million dollars in debt in the bankruptcy paperwork.
fresno fig garden, fresno, fresno county, business
- Final Crimea count: 97 percent back Russia
- Merced PD looks for witnesses to deadly shooting
- Final words from jet came after systems shutdown
- LA police say no leads in abduction of 4 kids
- Ukrainians in Fresno react to Crimea vote
- Child may be to blame for Fresno garage fire
- Crash sends Fresno police car into canal
- 16 killed in stampedes for jobs in Nigeria
- Merced police seek help to catch armed robber
- Magnitude-6.7 quake hits Chile's northern coast
- Consumer Reports: Skip extended car warranties
- Diamond 'Dogs swept by New Mexico 50 min ago
- 'Dogs women's, men's hoops set for postseason
- Oprah Winfrey to sell Harpo Studios in Chicago